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The Republican Party controlled all three branches from 2001 to 2006, and the federal government only grew under their watch.
Furthermore, a big chunk of the public outrage over Guantanamo, the USA PATRIOT Act, the wars in Iraq and Afghanistan, and a whole host of other things evaporated as soon as Bush left office and Obama came in (IMO, anyway, we can debate over this too).
With these points in mind, do you think that the Tea Party will remain politically relevant if the Republicans win in 2012? Or will fiscal conservatism be relegated to the back of the bus once the GOP is in power?
There is no path I can see for a republican candidate to the White House without significant Tea Party support. As such it will be a constituancy that the president would then want to keep happy. So yes, if a republican wins, then I would say they would remain relelvant. Whether they would remain in the same form as they are is a much different question.